We would love to hear your thoughts about our site and services, please take our survey here.
Nice to get confirmation, and hopefully no more missed payment dates in June.
The directors have today declared that a dividend in respect of all of the outstanding arrears of dividends on the preference shares (amounting in aggregate to 11.5p per preference share) will be paid on 15 April 2024 to holders of preference shares registered at the close of business on 2 April 2024.
Analysts at Canaccord Genuity lowered their target price on chemicals business Synthomer from 350.0p to 300.0p on Wednesday as it effectively pushed out its expectations for the group's recovery by 12 months.
Canaccord Genuity said the September 2023 recapitalisation of Synthomer had left the group "well-placed to survive the current extended downturn". However, the outlook for the current year was still for limited progress.
"We are moving numbers to the right, effectively pushing the recovery out by a year; we now expect nearly all of the improvement in 2024E to be self-help, with better figures coming next year," said Canaccord Genuity. "The impact on our valuation is more modest, given that we now look well set for a sustained recovery in the chemicals industry, and we are effectively pushing out our valuation by one year".
The Canadian bank noted that Given Synthomer's equity gearing - at the current share price, the equity value sits at around 28% of the enterprise value - even a "quite modest" improvement in outlook or the successful execution of an asset sale could have "a very material impact" on the share price
The Financial Conduct Authority is to investigate car finance amid concerns that consumers may have been mis-sold deals until 2021. Car dealers were given incentives by banks to sell expensive loans in return for higher commission
WPHO have always been very frugal with our cash, not issuing shares every few months has been an attraction of Windar.
Director has been willing to provide loans when necessary.
Today’s update, while disappointing with a revenue/ profit miss, the result will still be a record for Windar, with a new order and more expected early next year, any share price decline should hopefully be short lived.
Half year results 30th November I believe.
He must be confident of getting a good return on his purchases, certainly helping with moving the share price up.
There was an intraday spike to 50p a few years ago, so really pleased to be back here, and hopefully a good move on the next update, which Paul Hodges has more information about than us, and he’s still buying.
Oops, just noticed the fly in the anointment…
December divi deferred until April 7th but the 7p of arrears to be paid at the same time.
Well this morning’s RNS has put a rocket under the prefs.
All arrears to be paid, fantastic news, but also security increased on future payments.
Could allow them to trade closer to par now.
Only just noticed this in the TRIG interim report 4/8/23, could be Windars kit?
Blade improvements:
- Following trials at two GB wind farms of aerodynamic improvements to turbine blades, a package is being rolled out across four more sites in the GB wind portfolio, totalling 59MW of generation capacity. The package also includes a suite of software upgrades to maximise the additional energy yield gained from equipment installations and will be initially implemented at one of the trial sites with the upgrades already installed.
- Across the wider portfolio, application is being investigated, with technical due diligence for aerodynamic blade upgrades being progressed at two joint venture projects.
Wind turbine software enhancements:
- The wake steering and collective control trial at Altahullion in Northern Ireland has been completed, with testing concluded on three of the four elements. This enhancement is an innovative retrofitted upgrade to increase production and reduce turbine loads. The reduction in loads has been verified by an independent assessment demonstrating an increase in the remaining life of turbine components.
- Validation of a suite of yield-enhancing software upgrades at Garreg Lwyd wind farm in Wales has been completed following implementation in 2021, confirming a >1% increase in the energy yield.
- Results from implementation of a pitch and yaw optimization tool at Gode demonstrated an 0.2% yield uplift.
Prosperus , PF stands for portfolio
Yes I did notice, but what stood out to me was that he had all that cash in an ISA.
Obviously made some good investments in the past to build up an ISA pot of that size.
Still holding mine, nearly two & half years now, but building into some great gains now.
Large trade of 1,306,000 @ 36p late today, looks like a buy, not surprised after yesterday’s update.
“Given the above the Company expects to meet the current market expectations for 2023 including net revenue of approximately €6.5 million - an increase of approximately 260% compared to 2022 (2022: €1.8 million), and an EBITDA result of approximately €1.5-1.6 million compared to an EBITDA loss of €1.1 million realised in 2022. This would represent a record-breaking revenue for the Company and its maiden profit.
As the Company expects to see continued growth in China in 2024 a main focus for the second half of 2023 is to increase production capacity further to approximately 150 systems per month by the end of the year“
Dividend up to 3.15p per quarter a 7.05% increase.
Aiming for 12.6p for the year.
My first buy in SDV was around 84p, very happy to hold.
The only slight negative is the change of policy in that if a company delists, SDV still want to hold, but not increase the holding.
Well I'm very pleased with the share price since the suspension was lifted, 8p back to 40p bid is quite achievement.
When WPHO was covered by chartist Zak Mir on Twitter he had a 40p target, not really big understander of charts myself, but amazing how these guys get it right.
Now looking for the next catalyst, could that be the doubling of production Windar are hopefully pulling off.
Not as large a premium as the last time the cap came round.
Removes the funding issue for a while at least, we just need sales.
Indeed, potential RTO candidates down to two.
All sounds very positive, thanks for posting.
Moving up nicely today, maybe someone just took advantage of the rise to sell?
A couple of 25,000 trades in grey, so could mean anything really.
But happy with a move up, just need a little press coverage now.
Nice bit of coverage from Midas in the Mail this weekend, all positive.
Averaged up with 10,000 at 83p this afternoon in anticipation of an improving forward looking statement when the finals get released early July.
Back into three figures would be a great start.